TrueContext Corporation

TSXV:TCXT Stock Report

Market Cap: CA$141.6m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

TrueContext Management

Management criteria checks 3/4

TrueContext's CEO is Alvaro Pombo, appointed in Feb 2023, has a tenure of 1.25 years. total yearly compensation is $350.08K, comprised of 64.6% salary and 35.4% bonuses, including company stock and options. directly owns 3.98% of the company’s shares, worth CA$5.64M. The average tenure of the management team and the board of directors is 2.9 years and 8.6 years respectively.

Key information

Alvaro Pombo

Chief executive officer

US$350.1k

Total compensation

CEO salary percentage64.6%
CEO tenure1.3yrs
CEO ownership4.0%
Management average tenure2.9yrs
Board average tenure8.6yrs

Recent management updates

Recent updates

TrueContext Corporation's (CVE:TCXT) Shares Climb 31% But Its Business Is Yet to Catch Up

Mar 23
TrueContext Corporation's (CVE:TCXT) Shares Climb 31% But Its Business Is Yet to Catch Up

Subdued Growth No Barrier To TrueContext Corporation's (CVE:TCXT) Price

Feb 03
Subdued Growth No Barrier To TrueContext Corporation's (CVE:TCXT) Price

ProntoForms (CVE:PFM) Has Debt But No Earnings; Should You Worry?

Jan 28
ProntoForms (CVE:PFM) Has Debt But No Earnings; Should You Worry?

Shareholders Will Probably Hold Off On Increasing ProntoForms Corporation's (CVE:PFM) CEO Compensation For The Time Being

Jun 10
Shareholders Will Probably Hold Off On Increasing ProntoForms Corporation's (CVE:PFM) CEO Compensation For The Time Being

Is ProntoForms (CVE:PFM) Using Debt Sensibly?

Apr 08
Is ProntoForms (CVE:PFM) Using Debt Sensibly?

Did You Miss ProntoForms' (CVE:PFM) Whopping 360% Share Price Gain?

Feb 16
Did You Miss ProntoForms' (CVE:PFM) Whopping 360% Share Price Gain?

What Is The Ownership Structure Like For ProntoForms Corporation (CVE:PFM)?

Jan 20
What Is The Ownership Structure Like For ProntoForms Corporation (CVE:PFM)?

A Look At ProntoForms' (CVE:PFM) CEO Remuneration

Dec 25
A Look At ProntoForms' (CVE:PFM) CEO Remuneration

Have ProntoForms Corporation (CVE:PFM) Insiders Been Selling Their Stock?

Nov 29
Have ProntoForms Corporation (CVE:PFM) Insiders Been Selling Their Stock?

CEO Compensation Analysis

How has Alvaro Pombo's remuneration changed compared to TrueContext's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$2m

Sep 30 2023n/an/a

-US$3m

Jun 30 2023n/an/a

-US$4m

Mar 31 2023n/an/a

-US$4m

Dec 31 2022US$350kUS$226k

-US$4m

Sep 30 2022n/an/a

-US$5m

Jun 30 2022n/an/a

-US$5m

Mar 31 2022n/an/a

-US$5m

Dec 31 2021US$623kUS$236k

-US$4m

Sep 30 2021n/an/a

-US$4m

Jun 30 2021n/an/a

-US$4m

Mar 31 2021n/an/a

-US$2m

Dec 31 2020US$462kUS$228k

-US$1m

Sep 30 2020n/an/a

-US$1m

Jun 30 2020n/an/a

-US$1m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$415kUS$213k

-US$2m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$291kUS$188k

-US$3m

Sep 30 2018n/an/a

-US$3m

Jun 30 2018n/an/a

-US$4m

Mar 31 2018n/an/a

-US$4m

Dec 31 2017US$366kUS$197k

-US$4m

Compensation vs Market: Alvaro's total compensation ($USD350.08K) is above average for companies of similar size in the Canadian market ($USD176.28K).

Compensation vs Earnings: Alvaro's compensation has been consistent with company performance over the past year.

CEO

Alvaro Pombo

1.3yrs

Tenure

US$350,079

Compensation

Mr. Alvaro Pombo is the Founder of ProntoForms Corporation and serves as its Co-Chief Executive Officer since February 2023 and is its President and was its Chief Executive Officer until February 2023. Mr....

Leadership Team

NamePositionTenureCompensationOwnership
Alvaro Pombo
Founder1.3yrsUS$350.08k3.98%
CA$ 5.6m
Philip Deck
Co-CEO & Director1.3yrsUS$17.91k5.03%
CA$ 7.1m
David Croucher
Chief Financial Officer14.6yrsUS$231.17k0.66%
CA$ 933.5k
Glenn Chenier
Chief Product Officer6.3yrsUS$229.68k0.66%
CA$ 935.5k
Mansell Nelson
Senior Vice President of Business Developmentno dataUS$226.94k0.16%
CA$ 233.2k
Michael Kramer
Chief Revenue Officer2.9yrsUS$477.37kno data
Aly Mawani
Vice President of Client Issues & Operations3.9yrsno data0.037%
CA$ 52.6k
Carl Turner
General Counselno datano datano data
Lise Snelgrove
Vice President of Marketing1.2yrsno datano data
Lisa Scian
Vice President of People & Cultureno datano datano data

2.9yrs

Average Tenure

Experienced Management: TCXT's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alvaro Pombo
Founder13.9yrsUS$350.08k3.98%
CA$ 5.6m
Philip Deck
Co-CEO & Director8.6yrsUS$17.91k5.03%
CA$ 7.1m
Terence Matthews
Independent Director14.8yrsUS$27.81k0.12%
CA$ 174.9k
Catherine Sigmar
Director1.3yrsno datano data
D. McDonnell
Chair of the Board1.3yrsno datano data

8.6yrs

Average Tenure

Experienced Board: TCXT's board of directors are considered experienced (8.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/16 19:53
End of Day Share Price 2024/05/16 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TrueContext Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gabriel LeungBeacon Securities Limited
Blair AbernethyiA Capital Markets
Gabriel LeungParadigm Capital, Inc.